Greece real estate market — prices, rental yield and trend
- Average price: $2,848 / m²
- Gross rental yield: 4.38%
- 12-month price change (USD): 2.7%
- Transaction cost: 12.1%
- Price basis: capital average
Residential property in Greece averages $2,848 per square metre. In dollar terms the market has barely moved over the last twelve months (+2.7%). That makes it the 41st most expensive of the 70 markets in the set.
What a buyer pays in Greece
The $2,848 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 12.1% of the price here. On a 100 m² apartment at the average price that is roughly $34,461 on top of the $284,800 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here. Inside Greece we also track Athens separately, where the average is $3,481 — 22.2% above the national figure.
What it earns
Long-term letting returns about 4.4% gross on the purchase price, 54th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 12 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Greece comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: BoG via GTP · news.gtp.gr · globalpropertyguide.com. Snapshot: 2026-07-23.
Latest Greece market analysis
- Greece Will Charge Non-EU Buyers a 15% Property Transfer Tax From 2027 — 2026-09-06
- Greek Building Permits Held Flat in May but the Year Ran 8.8% Higher — 2026-08-31
- Greece: A Country Overview for Property Investors — 2026-07-03
- Can Foreigners Buy Property in Greece? A Practical Guide to Ownership and the Buying Process — 2026-07-03
- Greece's Property Market in 2026: A Balanced Snapshot — 2026-07-03
- Buying Costs and Taxes When Purchasing Property in Greece (2026) — 2026-07-03
Related markets: Athens